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Hyperscaling in turbulent times: A BCG - Times Bridge-TiE Delhi-NCR report Boston Consulting Group (BCG) in association with Times Bridge and the Delhi Chapter of The Indus Entrepreneurs (TiE Delhi-NCR) today, unveiled a report titled, ‘Road to Hyperscaling in India’.   The entrepreneurship and startup landscape in India has witnessed breakout growth over the last few years, transforming India into the third largest startup ecosystem in the world, just behind USA and China. Last few years witnessed the rise of 100+ unicorns – a valu...
Hyperscaling in turbulent times: A BCG - Times Bridge-TiE Delhi-NCR report
Hyperscaling in turbulent times: A BCG - Times Bridge-TiE Delhi-NCR report
Source: PR Agency
19/03/2023 12:58:56 PM
Hyperscaling in turbulent times: A BCG Times Bridge TiE Delhi NCR New Delhi Boston Consulting Group (BCG in association with Times Bridge and the Delhi Chapter of The Indus Entrepreneurs (TiE Delhi-NCR) today, unveiled a report titled, ‘Road to Hyperscaling in India’. The entrepreneurship and startup landscape in India has witnessed breakout growth over the last few years, transforming India into the third largest startup ecosystem in the world, just behind USA and China. Last few years witnessed the rise of 100+ unicorns – a ...
Hyperscaling in turbulent times: A BCG Times Bridge TiE Delhi NCR
Hyperscaling in turbulent times: A BCG Times Bridge TiE Delhi NCR
Source: P R Agency
18/03/2023 3:09:27 PM
PB Fintech jumps on getting nod to invest upto $5 million in PB Fintech FZ-LLC PB Fintech is currently trading at Rs. 534.65, up by 10.65 points or 2.03% from its previous closing of Rs. 524.00 on the BSE. The scrip opened at Rs. 529.20 and has touched a high and low of Rs. 545.25 and Rs. 511.85 respectively. So far 254741 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 851.25 on 11-Feb-2022 and a 52 week low of Rs. 356.20 on 17-Nov-2022. Last one week high and low of the scrip stood at Rs...
PB Fintech jumps on getting nod to invest upto $5 million in PB Fintech FZ-LLC
PB Fintech jumps on getting nod to invest upto $5 million in PB Fintech FZ-LLC
Source: Accord Fintech
13/02/2023 2:34:42 PM
New-age Indian internet firms continue to bleed as startup IPO dream over With leading financial services company Paytm's shares plunging to an all-time low of Rs 477 on Tuesday, the grim performance of new-age internet companies continued in the public market amid the global macroeconomic conditions. In the last 16 months or so, five of such startup/unicorn's initial public offerings - Paytm, Zomato, Nykaa, Delhivery and Policybazaar - have gone through a bloodbath, shedding more than $18 billion in value. VC firm Lighthouse India Fund III has sold 3...
New-age Indian internet firms continue to bleed as startup IPO dream over
New-age Indian internet firms continue to bleed as startup IPO dream over
Source: IANS
23/11/2022 10:45:17 AM
Fintech platform Mintoak enabling banks to digitally empower merchant ecosystem  India's fintech market is expected to reach $1 trillion by 2030, from $31 billion in 2021, according to Chief Economic Advisor Dr V. Anantha Nageswaran. As the fintech industry aims to reach new horizons, Mintoak, a homegrown embedded fintech platform is enabling banks to digitally empower their merchant ecosystem by powering digital payments and financial services. Mintoak has built a modularised, cloud-native, API-first payments Platform-as-a-Service (PaaS) that allows their ba...
Fintech platform Mintoak enabling banks to digitally empower merchant ecosystem
Fintech platform Mintoak enabling banks to digitally empower merchant ecosystem
Source: IANS
22/09/2022 4:27:11 PM
PB Fintech gains on making investment in Policybazaar Insurance Brokers, Paisabazaar Marketing and Consulting PB Fintech is currently trading at Rs. 512.25, up by 2.60 points or 0.51% from its previous closing of Rs. 509.65 on the BSE. The scrip opened at Rs. 515.00 and has touched a high and low of Rs. 520.00 and Rs. 510.40 respectively. So far 13284 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1470.00 on 17-Nov-2021 and a 52 week low of Rs. 455.00 on 27-Jul-2022. Last one week high and low of the scrip stood at Rs....
PB Fintech gains on making investment in Policybazaar Insurance Brokers, Paisabazaar Marketing and Consulting
PB Fintech gains on making investment in Policybazaar Insurance Brokers, Paisabazaar Marketing and Consulting
Source: Accord Fintech
22/09/2022 12:02:37 PM
Buy PB Fintech Ltd For Target Rs.700 - ICICI Securities Ltd Profitability timeline improving; lower expected growth drives earnings cut PB Fintech (PB) has reported steady Q1FY23 earnings with 12% QoQ growth in total premiums, core contribution margin slightly lower at 45%, broadly pegging new business loss to other income (annual Rs2bn), and also aiming for Paisabazaar to be profitable by Q4FY23. However, growth guidance in core adjusted EBITDA at an annual run-rate of Rs1.5bn for the next 3 years is lower than expected and reflects lower premium ...
Buy PB Fintech Ltd For Target Rs.700 - ICICI Securities Ltd
Buy PB Fintech Ltd For Target Rs.700 - ICICI Securities Ltd
Source: ICICI Securities Ltd
12/08/2022 12:35:36 PM
PB Fintech gains on making further investment in Policybazaar Insurance Brokers PB Fintech is currently trading at Rs. 655.15, up by 2.95 points or 0.45% from its previous closing of Rs. 652.20 on the BSE. The scrip opened at Rs. 674.00 and has touched a high and low of Rs. 674.00 and Rs. 645.45 respectively. So far 20533 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1470.00 on 17-Nov-2021 and a 52 week low of Rs. 618.05 on 24-Feb-2022. Last one week high and low of the scrip stood at Rs....
PB Fintech gains on making further investment in Policybazaar Insurance Brokers
PB Fintech gains on making further investment in Policybazaar Insurance Brokers
Source: Accord Fintech
28/04/2022 1:54:17 PM
Phygital - physical plus digital - helped PolicyBazaar tap unexplored markets, says CTO The combination of physical and digital -- phygital -- model of operations helped new-age insurance firm PolicyBazaar in tapping the potential of unexplored markets, the company's Chief Technology Officer(CTO) Saurabh Tiwari told IANS. The pandemic pushed up the life insurance penetration in India to almost the same as that of the global average. Policybazaar sees this trend as a "secular trend" and it believes it will continue to drive this "pivotal change in consumer b...
Phygital - physical plus digital - helped PolicyBazaar tap unexplored markets, says CTO
Phygital - physical plus digital - helped PolicyBazaar tap unexplored markets, says CTO
Source: IANS
21/04/2022 2:46:36 PM
SoftBank execs to leave boards of India's Paytm, Policybazaar - source NEW DELHI  - Representatives of SoftBank Group Corp will step down from the boards of Indian digital payments firm Paytm and the parent of online insurance aggregator Policybazaar, a person with direct knowledge of the matter said. The decision is part of SoftBank's global strategy to exit from the boards of most of its listed portfolio companies, said the source, adding that the Japanese tech conglomerate expected it would leave fewer regulatory issues to tackle. SoftBank will...
SoftBank execs to leave boards of India's Paytm, Policybazaar - source
SoftBank execs to leave boards of India's Paytm, Policybazaar - source
Source: Reuters
15/03/2022 7:23:23 PM
Zomato, Nykaa, PolicyBazaar shares fail to capitalise on listing gains Shares of Zomato, Nykaa and PolicyBazaar have failed to maintain an uptrend after being able to garner strong listing gains. These stocks have come off their initial highs since their market debut. Notably, all the three new-age companies made their debut on the exchanges in 2021. Listed on July 23, 2021, food aggregator Zomato's stock prices declined around 28 per cent. The company, by the way, debuted on the bourses with a 51 per cent premium over its IPO issue price of Rs 76. ...
Zomato, Nykaa, PolicyBazaar shares fail to capitalise on listing gains
Zomato, Nykaa, PolicyBazaar shares fail to capitalise on listing gains
Source: IANS
28/01/2022 4:55:03 PM
Bloodbath in Zomato, PolicyBazaar, Nykaa shares on low valuations, broader market crash Zomato, PolicyBazaar, and Nykaa and several other companies' stocks took a hard beating on Monday amid the market crash as analysts feel these companies have low valuations. Shares of the food delivery aggregator hit the 20 per cent lower circuit intraday and settled at Rs 90.95 on Monday. PB Fintech-backed PolicyBazaar's shares fell 10.6 per cent and settled at Rs 772.5, whereas FSN-E Commerce Ventures-backed Nykaa fell 12.7 per cent and settled at Rs 1,745. Notably, all the...
Bloodbath in Zomato, PolicyBazaar, Nykaa shares on low valuations, broader market crash
Bloodbath in Zomato, PolicyBazaar, Nykaa shares on low valuations, broader market crash
Source: IANS
25/01/2022 10:14:58 AM
Unintended: IPO segment dries secondary market`s liquidity  A healthy pick-up in the IPO (initial public offering) segment in late 2021 has hammered the country's key secondary market indices, experts said. The slide in the secondary market has been purely and squarely attributed to the diversion of liquidity to the primary markets for IPOs. Lately, mega IPOs of brands such as Nykaa, Zomato, PolicyBazaar and that of Paytm have attracted huge investments from secondary to primary markets. In market parlance, the primary market is whe...
Unintended: IPO segment dries secondary market`s liquidity
Unintended: IPO segment dries secondary market`s liquidity
Source: IANS
23/11/2021 9:24:30 AM
View On Policy Bazaar IPO By Mr. Aayush Agrawal, Swastika Investmart Ltd Below are Views On Policy Bazaar IPO By Mr. Aayush Agrawal, Sr. Research Analyst - Merchant Banking, Swastika Investmart Ltd. New edge businesses are garnishing interest investors’ interest in India and we have seen multi-baggers from such kinds of businesses in the USA and China. PB Fintech is now aiming towards the expansion of its customer base and the under penetration of the insurance industry provides it a positive outlook in the future. But the fact that it has ...
View On Policy Bazaar IPO By Mr. Aayush Agrawal, Swastika Investmart Ltd
View On Policy Bazaar IPO By Mr. Aayush Agrawal, Swastika Investmart Ltd
Source: Swastika Investmart Ltd
12/11/2021 12:14:02 PM
IPO Note - PB Fintech Ltd By Choice Broking Salient features of the IPO: PB Fintech Ltd. (PBFL), which operates online insurance marketplace “Policybazaar” and credit comparison portal “Paisabazaar” is coming up with an IPO to raise around Rs. 5,710cr, which opens on 1st Nov. and closes on 3rd Nov. 2021. The price band is Rs. 940 - 980 per share. * The issue is a combination of fresh and OFS. The company will not receive any proceeds from the OFS part of the issue. Of the net proceeds from the fresh issue,...
IPO Note - PB Fintech Ltd By Choice Broking
IPO Note - PB Fintech Ltd By Choice Broking
Source: Choice Broking
29/10/2021 11:25:16 AM
Quote on Policy Bazaar IPO By Ms. Yesha Shah, Samco Securities Below is quote on Policy Bazaar IPO By Ms. Yesha Shah, Head of Equity Research, Samco Securities. With strong brand equity, PB Fintech commands a stellar 93.4% market share in its digital insurance market place Policy Bazaar and a 51.4% in its digital consumer credit market place Paisabazaar. The company has delivered a notable 34% CAGR in its revenues and although it has expanded its contribution margin considerably from 8.6% to 39.8% over FY19 to FY21, it remains EBITDA ne...
Quote on Policy Bazaar IPO By Ms. Yesha Shah, Samco Securities
Quote on Policy Bazaar IPO By Ms. Yesha Shah, Samco Securities
Source: Samco Securities
28/10/2021 12:35:53 PM
Key News - Paytm, Maruti Suzuki, Lotus Herbals, Policybazaar IPO By ARETE Securities Key News Swiss Re to invest Rs 920 cr for 23% stake in Paytm's insurance initiative Financial services firm Paytm said today that its associate, Paytm Insuretech Private Limited (PIT), has entered into a strategic partnership with Swiss Re, one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. Swiss Re will invest (by way of equity shares and compulsorily convertible preference shares) about Rs 920 crore (Rs 397.3 c...
Key News - Paytm, Maruti Suzuki, Lotus Herbals, Policybazaar IPO By ARETE Securities
Key News - Paytm, Maruti Suzuki, Lotus Herbals, Policybazaar IPO By ARETE Securities
Source: ARETE Securities Ltd
28/10/2021 9:38:07 AM
Update On PolicyBazaar By Motilal Oswal Leading the digital insurance and credit marketplace * PB Fintech Limited commenced operations in FY08 initially as an insurance web aggregator. Subsequently, it entered the credit market to provide convenient access to credit and other financial products. In addition to creating a distribution channel, it also provides online marketing, consulting, and support services for the industry, and follows an asset-light capital strategy without undertaking any insurance or credit risk. * The ...
Update On PolicyBazaar By Motilal Oswal
Update On PolicyBazaar By Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
19/10/2021 11:45:09 AM